SCHENECKER
SCHENECKER is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 105,892 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $64K, with roughly $12K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 18 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was July 2016, at 334 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SCHENECKER
- Who operates SCHENECKER?
- SCHENECKER is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is SCHENECKER?
- SCHENECKER is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 31165.
- Is SCHENECKER still producing?
- SCHENECKER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SCHENECKER is August 2026.
- How much has SCHENECKER produced?
- SCHENECKER has reported 105,892 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SCHENECKER worth?
- The remaining production from SCHENECKER is estimated to be worth about $64K in total as of 26 August 2026, within a range of $35K to $93K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHENECKER is a fraction of it. The estimate fits an Arps decline curve to the production SCHENECKER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHENECKER is an estimate of value, not an offer and not an appraisal.
- How much income does SCHENECKER generate in a year?
- SCHENECKER is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHENECKER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 31165 |
| Wellbores | 2 |
| Reported production | 105,892 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $64K |
Where SCHENECKER sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.